A really neat analysis of the material and social dynamics of neofeudalism.

    • happybadger [he/him]
      hexagon
      ·
      4 years ago

      But a shift in the relationships of production that defined previous forms of capitalism. The gig economy, subcontracting, and various forms of debt slavery all create a class that owns nothing. The state this shift creates is one where authoritarian violence is the only means of coercion, and nothing about it is subject to real democratic input anymore. As things get worse, the bourgeois collection of land and resources means being able to reinforce this new system. Then she'll just be describing regular feudalism only shittier.

      • comi [he/him]
        ·
        4 years ago

        But is owning nothing by itself bad? Nuclear-hot-take-haver here :posadist-nuke:

          • comi [he/him]
            ·
            4 years ago

            No, but like in general: remove debt out of equation, there are few things I would care about owning directly, probably some memorable things and that’s it.

            • happybadger [he/him]
              hexagon
              ·
              4 years ago

              I like the idea of library socialism, but the socialism part is the essential element. Shifting toward an economy of rent means a condition of precarity where you're never building value in your assets even if you contribute to them. You live at the whim of the tyrants who control that debt and use the power of the state to enforce it.

              • comi [he/him]
                ·
                4 years ago

                Well yes, but the problem is debt then, not not-owning part. Maybe just semantic difference, but capitalists also like owning stuff